Employment Estimates for Energy Efficiency Retrofits of Commercial Buildings
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Abstract:
In this research brief, Heidi Garrett-Peltier estimates the
employment impacts of President Obama’s Better Buildings Initiative: a set of tax code changes,
lending programs, and a competitive grant program, designed to incentivize
private investment in energy-efficiency upgrades to commercial buildings. By retrofitting these types of buildings, we
can not only save energy and reduce the use of fossil fuels, but can also
generate jobs in the manufacturing and installation of energy-efficient
technologies, as well as in building operations. Through combined public and private
investments, over 114,000 jobs can be created through the Initiative. This brief presents the tables and
methodology used to derive this employment estimate. |